Why We Bought Microsoft: Because 2013 Should Determine Whether Ballmer Stays Or Goes
by Helix Investment Research
We have written at length about Microsoft (MSFT) in the past, and have repeatedly stated that one of, if not the key reason why we have hesitated to buy shares of the company is the continued presence of Steve Ballmer as CEO. Our criticism of Ballmer stems not from a collapse in revenue or profits under his tenure, but largely from his presiding over a corporate culture that promotes vicious infighting and corporate politics that lead to an inability to innovate in truly meaningful ways. That, combined with Ballmer's track record of firing subordinates that he sees as a threat to his power, has led to a persistent inability to craft truly meaningful commercial breakthroughs that go beyond incremental updates to Windows, Office, or the Xbox. There is a difference between research & development and commercial innovation, a distinction Microsoft has for years failed to grasp. As we have written previously, Microsoft employs many intelligent and qualified engineers and scientists, and the company spends far more on R&D than Apple (AAPL) or Google (GOOG). But Microsoft's billions in R&D spending have led to a myriad of projects that have either failed to see the light of day or, in the case of the Zune or the Kin, have been commercial failures. And at the end of the day, there is only one person responsible for this: Steve Ballmer. read more »
Get Seeking Alpha notifications with our iPhone App | Android App | iPad App
More on MSFT
Don't Feel Sorry For Microsoft, It's Inching Along by John Mylant
Microsoft Announces 100 Million Windows 8 Licenses Sold - Behind The Numbers by Onuora Amobi
Microsoft - Little Known Revenue Streams Have Big Potential by Sneha Shah
Other articles that mention MSFT
Yahoo Stock Can Now Aim Higher Than $30 by DoctoRx
Are Nokia Investors Looking To Oust CEO Stephen Elop? by Jacob Steinberg
AMD's Strategic Position In The Gaming Industry by Justin Jaynes
Why are you receiving this? You subscribed to real-time article alerts at Seeking Alpha.
If this email was forwarded to you and you wish to subscribe to this email, click here.
Manage your emails:
Get alerts on additional tickers and manage all your email alert choices here
I'm getting too many emails: manage your email alert choices
I'm no longer following MSFT: unsubscribe from all MSFT email alerts
This type of alert isn't helpful to me: unsubscribe from article alerts on MSFT
To ensure you receive these emails in the future, please add account@seekingalpha.com to your address book, contacts or list of safe senders.
Sent by Seeking Alpha, 345 7th Ave. Suite 1400 New York, NY 10001
No comments:
Post a Comment